Foreign Investors Dump Japan Stocks as Economic Planning FailsThe latest news comes as Japanese fintech and bitcoin startups continue to post multimillion-dollar deals, providing a small but notable ray of hope.
Reuters reports that foreign investors, including large funds, have exited Japanese equities to the tune of a net ¥4.5 trillion ($42.07 billion USD) in January-May this year, and the country’s key Nikkei Share Average indicator has dropped 13 percent in the same period, falling further than the global average.
Over the same period last year, Japanese equities saw net purchases of about ¥2.83 trillion ($26.46 billion USD) from overseas.
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